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Conservatives promise to defer tax on capital gains to boost domestic investment

  • Conservative Leader Pierre Poilievre announced a tax cut to exempt capital gains from taxes if reinvested in Canada, effective from Canada Day until the end of 2026.
  • The tax cut is set to cost $5 billion in 2025 and $5.5 billion in 2026, but could become permanent if successful.
  • The tax break aims to encourage investments in pipelines, factories, and export terminals to boost the Canadian economy, according to Poilievre.
  • An Ipsos poll shows 44% of Canadians prefer Liberal Leader Mark Carney for prime minister, while Poilievre has 33% support.
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  • 56% of the sources lean Left
56% Left
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Winnipeg Free Press broke the news in Winnipeg, Canada on Sunday, March 30, 2025.
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